Bitcoin Futures Open Interest Drops $1.4 Billion as Spot Buying Turns Positive

Bitcoin futures open interest fell $1.4 billion to $36.6 billion in the week through Oct. 4, while spot cumulative volume delta turned positive, rising from negative $102.8 million to positive $33.2 million. The shift suggests spot buying is absorbing selling pressure, potentially stabilizing prices after the derivatives pullback.